IMF Raises Economic Projections for 2023 (Thumb in Wind Style!)

The IMF Raises Economic Projections for 2023. That is generally good news for economies because they feel that certain issues are going to get better and there may be a new post Covid homeostasis realized (There are plenty of market issues that can disrupt that but a general homeostasis of market "normalcy".) From my understanding, most of the projections last year and the year before were pretty negative so this would be interesting if actual metric performance beats the market projection. 👍

Source: Academic-Capital Thumb in Wind Transaction Model

I think the digital economy has grown substantially since COVID and I also think that 2023 will be an interesting year with potential growth periods for GDP and Digital GDP (Assuming we have the right growth policies and we settle our political differences). See Short Lived Shock 2020 and Not Out of Woods, You can gain some information from there Digital Transformation. (We don't have enough information on the Digital Economy and its relation to the whole! Its a catalyst to growth and economic history shows what happens when information transference speeds up and the wealth it can create for first in large scale digital economies.😭 Ok...its just a thumb in wind projection.🤷)

(I can be as wrong as the other economists, please use that term loosely with me, but its just casual watching of the market and adjusting a model to see if we can determine the next gen digital economic market indicators that will foster the greatest use of information and opportunity. In other words, how do transactional cluster models fit within current market activities as a broader understanding of similar mechanisms in the market.) 

IMF January 30, 2023

"Description: The January 2023 World Economic Outlook Update projects that global growth will fall to 2.9 percent in 2023 but rise to 3.1 percent in 2024. The 2023 forecast is 0.2 percentage point higher than predicted in the October 2022 World Economic Outlook but below the historical average of 3.8 percent. Rising interest rates and the war in Ukraine continue to weigh on economic activity. China’s recent reopening has paved the way for a faster-than-expected recovery. Global inflation is expected to fall to 6.6 percent in 2023 and 4.3 percent in 2024, still above pre-pandemic levels." IMF, 2023